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Essay On National Manufacturing Policy

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Economist Nicholas Kaldor theorized the structural transformation of the manufacturing sector as the engine of growth and stipulated that there exist a close relationship with the gross domestic product of a nation. After independence, India's manufacturing sector has developed through several phases from the underlying industrialization and the license raj to liberalization and the present period of worldwide competitiveness. However, still, the share of this sector in overall GDP has stagnated since 1980 and was only 15.8% in 2010-11. Furthermore, India has not been able to make their presence felt in the worldwide for manufacturing products to a far greater extent than similar levels of developing countries in Asia, where the share was …show more content…

These zones would develop as large integrated industrial townships with condition of-craftsmanship infrastructure; land use by zoning; clean and energy efficient innovation, aptitude advancement social infrastructure and skill development facilities, mainly to provide a favorable environment for manufacture sector. So far, Government has granted Fourteen NIMZs in-principle approval outside the DMIC region and some NIMZs at Medak in Telangana, Prakasam in Andhra Pradesh and Kalinganagar, Jajpur district in Odisha have given final approval.
Evaluation of the NMP 2011 at Tumkur NIMZ, Karnataka
Karnataka government proposed a plan to set up a mega industrial zone Tumkur region as a NIMZ under this policy. This area is a home to 24 large scale industries with an investment of 911.42 crores. Large-scale sectors with an investment of 911.42 crores generate employment for 6445 persons. The existing eight medium scale and 23804 others employ 132994 persons accounting for an investment of 790 crores as of March 2012.
The state government is responsible for the land acquisition and internal infrastructure within NIMZ, like power and water supply. Power Grid Corporation of India (PGCIL) will set up a solar power plant, an estimated 600 MW, and expected to use gas from the Dabhol pipeline that is hardly 5 km away from NIMZ. The project is scheduled to commission in June 2018.
On 9th May 2017, Fali Nariman committee on the Cauvery basin has granted the permission that

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